Biases in belief reports

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FOLLI, Dominik, Irenaeus WOLFF, 2022. Biases in belief reports. In: Journal of Economic Psychology. Elsevier. 88, 102458. ISSN 0167-4870. eISSN 1872-7719. Available under: doi: 10.1016/j.joep.2021.102458

@article{Folli2022Biase-56694, title={Biases in belief reports}, year={2022}, doi={10.1016/j.joep.2021.102458}, volume={88}, issn={0167-4870}, journal={Journal of Economic Psychology}, author={Folli, Dominik and Wolff, Irenaeus}, note={Article Number: 102458} }

<rdf:RDF xmlns:dcterms="" xmlns:dc="" xmlns:rdf="" xmlns:bibo="" xmlns:dspace="" xmlns:foaf="" xmlns:void="" xmlns:xsd="" > <rdf:Description rdf:about=""> <dc:creator>Wolff, Irenaeus</dc:creator> <dcterms:title>Biases in belief reports</dcterms:title> <dc:date rdf:datatype="">2022-02-28T13:15:05Z</dc:date> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dc:language>eng</dc:language> <dc:creator>Folli, Dominik</dc:creator> <dc:contributor>Wolff, Irenaeus</dc:contributor> <dc:contributor>Folli, Dominik</dc:contributor> <dcterms:issued>2022</dcterms:issued> <dc:rights>terms-of-use</dc:rights> <dcterms:abstract xml:lang="eng">Belief elicitation is important in many different fields of economic research. We show that how a researcher elicits such beliefs – in particular, whether the belief is about the participant’s opponent, an unrelated other, or the population of others – strongly affects the belief reports. We study the underlying processes and find a clear consensus effect. Yet, when matching the opponent’s action would lead to a low payoff and the researcher asks for the belief about this opponent, ex-post rationalization kicks in and beliefs are re-adjusted again. Hence, we recommend to ask about unrelated others or about the population in such cases, as ‘opponent beliefs’ are even more detached from the beliefs participants had when deciding about their actions in the corresponding game. We find no evidence of wishful thinking in any of the treatments.</dcterms:abstract> <bibo:uri rdf:resource=""/> <dcterms:rights rdf:resource=""/> <dcterms:isPartOf rdf:resource=""/> <dcterms:available rdf:datatype="">2022-02-28T13:15:05Z</dcterms:available> <dspace:isPartOfCollection rdf:resource=""/> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> </rdf:Description> </rdf:RDF>

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